1169 200, Salt Lake City, UT 84102
8BD/—BA Residential in Salt Lake City, UT 84102. 5,212 sqft. Built 1924. Listed at $1,600,000. MLS #2121466.
8BD/—BA Residential in Salt Lake City, UT 84102. 5,212 sqft. Built 1924. Listed at $1,600,000. MLS #2121466.
$1,600,000
Originally listed at $1,700,000
Situated in the heart of Salt Lake City's sought-after University neighborhood, 1169 East 200 South is a seven-unit property that artfully blends historic charm, modern updates, and solid investment potential. Just minutes from the University of Utah, this 5,212-square-foot multifamily asset offers enduring appeal, consistent tenant demand, and long-term stability in one of the city's most walkable and convenient locations. Originally constructed in 1924, the property is composed of two distinct buildings. The front building features five well-appointed one-bedroom units that pair classic architectural details with thoughtful modernizations. The rear duplex includes a studio and a two-bedroom, one-bath residence that opens to a spacious private yard, a rare amenity for multifamily housing in this area. With an extra large lot within walking distance to the University of Utah, the possibilities are ample!
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard
Lot Size
0.25 sq ft
Condition
Blt./Standing
MLS #
2121466
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard
Lot Size
0.25 sq ft
Condition
Blt./Standing
MLS #
2121466
List Price
$1,600,000
Original Price
$1,700,000
Annual Taxes
$5,446
Home Warranty
No
List Price
$1,600,000
Original Price
$1,700,000
Annual Taxes
$5,446
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt,Membrane
Flooring
Hardwood,Tile
Materials
Brick,Clapboard
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Asphalt,Membrane
Flooring
Hardwood,Tile
Materials
Brick,Clapboard
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
6
Covered Spaces
0
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
90/100
vs Similar Homes
20% below
vs Market Median
53% above
Price Reduced
5.9%
Area Growth (YoY)
-0.3%
Deal Score Breakdown
90/100 · 2 qualifying signals
Priced 20% below the median of similar listings
6% price reduction from original list — seller may be motivated
Priced 53% above the per-subtype city median
-0.3% year-over-year ZHVI growth in this area
STR net cashflow -$6,113/mo (-57.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$78,391/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$6,114 /mo (−$73,374/yr)
Monthly STR income
Monthly ownership cost
Coverage
61%
Net /mo
−$6,113
DSCR
0.56
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$575,000
+178% vs median
55 days
621
$184,000 – $7,995,000
$5,446
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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